$FET

FET Faces Bearish Market Pressure ⚠️📉 | AI Token Momentum Stalls 🐻

Fetch.ai (FET) — one of the most recognized AI-driven crypto projects 🤖💹 — is feeling the weight of a bearish market as selling pressure mounts and bullish momentum fades. Once celebrated for its strong rallies during the AI narrative boom, FET is now struggling to maintain key technical levels.

📉 Technical indicators are pointing toward continued weakness. The token has fallen below its 50-day and 200-day moving averages 📏📊, signaling a potential longer-term downtrend. The RSI is drifting toward oversold territory 🎯🔻, while the MACD lines have entered a bearish crossover 🔄🚨. Price action remains trapped in a descending channel 📐📉, with each bounce met by swift sell-offs.

💼 On-chain analysis adds to the caution. Exchange inflows for FET have increased 📈🏦, suggesting more tokens are being sent to centralized platforms for possible liquidation. Whale wallets 🐋📦 — which once accumulated heavily during the AI hype — are now showing signs of distribution, similar to patterns observed in BTC 🪙⚡, ETH 💎📊, and SOL 🏎️🔥 before prior market corrections.

📢 On social media, sentiment has cooled notably. Hashtags like #FET, #BearishMarket, and #CryptoSelloff are trending 📉🚨 on X (Twitter), with chart analysts warning of further downside unless strong buying pressure returns. Many traders are pointing out that the AI token sector as a whole has lost momentum as market liquidity thins.

⚡ The broader crypto macro landscape is contributing to the bearish bias. Bitcoin’s struggle to break key resistances and the general altcoin market weakness have created an environment where speculative assets like FET are more vulnerable to sharp declines.

💬 Psychologically, bearish market phases often shift trader focus toward safer plays, like stablecoins 💵🛡️ or large-cap assets. For smaller AI-focused tokens, this means reduced liquidity and heightened volatility — a dangerous mix that can